Can I downgrade my turbotax to a lower version and still accurately report my cryptocurrency gains and losses?

3 answers

• Nov 25, 2021 · 3 years ago
  Yes, you can downgrade your TurboTax to a lower version and still accurately report your cryptocurrency gains and losses. However, it's important to note that different versions of TurboTax may have different features and capabilities. Make sure to check the specific version you are considering to ensure it supports the necessary forms and calculations for reporting cryptocurrency gains and losses. Additionally, it's always a good idea to consult with a tax professional or accountant to ensure you are accurately reporting your cryptocurrency transactions.
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• Nov 25, 2021 · 3 years ago
  Absolutely! You can downgrade your TurboTax to a lower version and still report your cryptocurrency gains and losses correctly. Just make sure that the version you choose has the necessary forms and features to handle cryptocurrency reporting. It's always a good idea to double-check with the TurboTax support team or consult a tax professional to ensure you are using the right version and accurately reporting your transactions.
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• Nov 25, 2021 · 3 years ago
  Yes, you can downgrade your TurboTax to a lower version and still accurately report your cryptocurrency gains and losses. However, keep in mind that different versions of TurboTax may have different levels of support for cryptocurrency reporting. It's important to carefully review the features and capabilities of the lower version you are considering to ensure it meets your needs. If you have any doubts, it's always a good idea to consult with a tax professional or use the latest version of TurboTax to ensure accurate reporting.
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